Allocations and Payments | U.S. Department of the Treasury

ERA2 payments are made directly to states (including the District of Columbia), U.S. territories (Puerto Rico, the United States Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, and American Samoa), and local governments with more than 200,000 residents. …

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U.S. DEPARTMENT OF THE TREASURY

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The American Rescue Plan Act of 2021 (ARPA) appropriates $19.53 billion to States for distribution to tens of thousands of “non-entitlement units of local government” (NEUs). ARPA directs the Department of the Treasury (Treasury) to make payments to each State for distribution to NEUs within the State. Treasury is providing the following ...

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Financial Report Of The United States Government - Management

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Jan 31, 2023 · Starting in FY 2018, agencies with programs reporting more than $100 million in monetary loss began providing a quarterly scorecard on PaymentAccuracy.gov. These …

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ARPA State Fiscal Recovery Fund Allocations - National …

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Mar 14, 2024 · Territories will receive a total of $4.5 billion in a single payment. Recipients must obligate the funds by Dec. 31, 2024, and spend them by Dec. 31, 2026. ... US Treasury Final …

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1 EXECUTIVE SUMMARY TO THE 2023 FINANCIAL REPORT OF …

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it by $2.5 trillion in December 2021 with the enactment of P.L. 117-73. In response to delays in raising the statutory debt limit, Treasury took extraordinary measures to meet the government’s obligations as they came du. without exceeding the debt limit from January 19 through June 2, 2023. On June 3, 2023, P.

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Transformation Stories - United States Secretary Of The Treasury

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As part of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSA), on January 5, 2021, the Department of the Treasury launched a $25 billion Emergency Rental Assistance Program to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic. Through the program, Treasury provided the funding ...

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Financial Report Of The United States Government - Management

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Apr 14, 2023 · Comparing total FY 2021 government assets of $4.9 trillion to total liabilities of $34.8 trillion (comprised mostly of $22.3 trillion in federal debt and interest payable. 3. , and …

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FAQs about Allocations and Payments | U.S. Department of the Treasury Coupon?

How did the consolidated government allocation methodology work?

Treasury published a summary of the eligible revenue sharing consolidated government allocation methodology used to calculate allocation and payment amounts: Recipients were able to request payment of their first tranche allocation through the Treasury Submission Portal. ...

What is Treasury obligated & distributed?

Treasury has obligated and distributed 99.99% of funds to eligible state, territorial, local, and Tribal governments across the country. These funds are being used to provide an equitable economic recovery in communities across the country. ...

How much money can a state allocate?

The statute establishes a minimum allocation of $50 million for each state, the District of Columbia, and Puerto Rico. ...

How does Congress allocate revenue sharing consolidated governments for fiscal years 2023 & 2024?

Congress directed Treasury to determine allocations and make payments for fiscal years 2023 and 2024 for eligible revenue sharing consolidated governments using the same allocation methodology as the eligible revenue sharing counties. ...

How do I request payment of my first tranche allocation?

Recipients were able to request payment of their first tranche allocation through the Treasury Submission Portal. Eligible Tribal governments were able to log in to the Treasury Submission Portal to review their specific allocation across both tranches under the program. ...

How much money did the federal disbursement services issue in 2024?

In fiscal year 2024, the Federal Disbursement Services issued more than 1.27 billion payments, (96.9% as electronic payments), totaling more than $5.45 trillion. The Federal Disbursement Services also helps the Treasury Offset Program (TOP) collect delinquent debts that taxpayers owe to the federal government or to a state government. ...